Training Details
Accounting system outputs:
- Reports and financial statements: their nature, importance, assumptions and principles of their preparation.
The system of auditing and controlling fixed assets owned and exploited in the activity under the umbrella of International Accounting Standard No. 16 ).
- Administrative review and activating the financial analysis function:
The concept of financial analysis.
Analysis of cash flows and a report on the liquidity position in light of the requirements of International Accounting Standard No. 7 ).
- Analyzing the result accounts data.
- Analyzing the statement of financial position data.
- Workshop: critical reading of the financial statements and the report on profitability positions and the strength of the financing structure.
- Audit systems and decision-making skills:
Based on the introduction to differential analysis.
- Based on the contribution margin entry.
Evaluate the outcome of the decision.
The role of the internal auditor in measuring success and reporting on the continuity of the enterprise:
Predicting financial success or failure:
- Using the rate of return on investment (upgraded image).
- Using the Altman model (number z) and using the OLT model .0
- Checking and controlling the value and costs of exploitation:
- Available energy owned and leased to others.
- For available energy leased from non-financing or operational parties.
- The available energy provided to the facility as governmental or international grants.
- Auditing presentation and disclosure requirements, and activating the accounting information function:
- In the field of disclosure of accounting policies.
In the field of information that must be disclosed in the financial statements.
In the field of presenting current assets and liabilities.
- In the field of determining the net profit or loss for the period, addressing fundamental errors and the effects of changing accounting policies.
- Checking and tuning in order to improve performance:
Performance appraisal for the purpose of improving it.
- Cost control and report on its economics.
Performance reports and responsibility reports.
- Auditing survey studies and evaluating the feasibility of the investment:
Review the initial feasibility of the projects.
- Review the feasibility assessment criteria.
Practice problems, proposals for solutions.
Ongoing workshops.